NEW YORK, June 16 /PRNewswire/ --
EquiLend announced today that DWS Investments, a subsidiary of the Deutsche Bank Group, has selected EquiLend's trade and post-trade services to enhance their securities finance business. Choosing EquiLend reflects DWS Investments' commitment to strengthening automation across its business lines as it aims to mitigate operational risk and achieve greater processing efficiency.
"We are very pleased to welcome DWS Investments, our first German client, to our roster. This underscores our ongoing commitment to providing innovative securities finance solutions to the European marketplace," says Sharon Walker, Managing Director, EquiLend Europe Ltd.
About EquiLend
EquiLend is the leading provider of brokerage solutions for the securities finance industry. Owned by eleven preeminent financial firms, EquiLend revolutionizes straight-through processing by using a common standards-based protocol and infrastructure, which automates formerly manual business processes. Used by borrowers and lenders throughout the world, the EquiLend platform creates efficiency and provides access to additional liquidity. EquiLend's end-to-end solutions, which reduce the risk of potential errors and eliminate the need to maintain costly point-to-point connections, include Availability, AutoBorrow, Trade2O, EquiLend AuctionPort(SM), Contract Comparison, Mark-to-Market Comparison, Returns, Recalls, Billing Comparison and Delivery, Dividend Claims Comparison, and Agent Lender Disclosure (ALD). The EquiLend platform also supports the execution of payment and delivery instructions through the DTCC.
EquiLend LLC and EquiLend Europe Limited are subsidiaries of EquiLend Holdings LLC (collectively, "EquiLend"). EquiLend LLC is a member of the NASD and SIPC. EquiLend Europe Limited is authorized and regulated by the Financial Services Authority. All services offered by EquiLend are offered through EquiLend LLC and EquiLend Europe Limited. EquiLend and the EquiLend mark are protected in the United States and in countries throughout the world.
Web site: http://www.equilend.com
Michelle Lindenberger, EquiLend, +1-212-901-2224, michelle.lindenberger@equilend.com
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